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the east of core ukraina lot of russian speakers there, fireworks in terms of energy prices in terms terms of energy prices in europe. >> europe depends on the infrastructure, tried to diversify a way away from russian energy, through the cast pecaspea sea. >> because the domestic supplies from these critical producers are dhoining, that really -- declining that really the pipeline supplies at a will be available for europe will be -- that will be available will be largely from russian gas. >> european leaders understand that, that's why they are calling for dialogue with, not sanctions against, russia. ali velshi, al jazeera. >> warren hogue, and from providence, rhode island, thomas nichols, professor of national security affairs. gentlemen, welcome. >> thank you. >> warren, let me start with you if i might. angela merkel suggested that the russian president is out of touch with reality tonight. is that just rhetoric or they have just lost control? >> i think what she said was he was from a different planet. i think exactly he is from a different planet. the russians view this differentl
of the leverage that president putin does have. partly, he has the energy, which flows underneath ukraine and supplies so much of europe. and more than that, he has now threatened, we are told, to no longer use the united states dollar as a currency on the world market. what if he did that? maria bartiromo from the fox business network will join us next to talk about the ramifications of such a thing. whether he could do it and what it would mean to our economy. would it, as the russians say, cripple our economy? that's next. t! [bell rings] this...is jane. her long day on set starts with shoulder pain... ...and a choice take 6 tylenol in a day which is 2 aleve for... ...all day relief. hmm. [bell ring] "roll sound!" "action!" [ chainsaw whirring ] humans -- sometimes liferips us up. sometimes we trip ourselveup. and although the mistakes may seem to just keep coming at you, so do the solutions. like multi-policy discounts from liberty mutual insurance. save up to 10% just for combining your auto and home insurance. call liberty mutual insurance at... [ thump ] to speak with an insurance
are under way. they can develop alternative energy supplies, including fracking. including as the united states becomes an energy exporter, there are alternative sources there in the future and sources -- the inauguration of of the new pipeline project from the caspian sea which will be a new route for gas supplies into europe, not passing through russia, not from russia. this infrastructure will take time to develop but it is important to do so. the world is becoming increasingly unstable. this latest example to world peace is the classic case in my view. will the foreign secretary array with me -- agree with me that our country must rethink the funding of our armed forces to make sure we have the ships, the navy, the air force to me potential threats in the future. i am not hinting we should go to war on this case but it is a reminder we need to keep our defenses up. in an unstable world we do need to keep up our defenses, that is right. that is why this country is investing in some very sophisticated military projects for the future. as twotain the spending percent of our gdp on defen
the world. >>ali, shock wave to the energy prices? >> yes, oil prices, that is global, that rose 2%, $105s a barrel now and we are going to feel that at the pumps and the price natural gas in germany and uk jumped 10%. germany is an industrial power house and depends on natural gas for electricity and call coming from russia, 40% of the the natural gas coming from russia through the ukraine and that is not good news. this is not affecting u.s. natural gas. we don't want to see russia pushing europe back into a recession because we all know that hitting us all. >> what other aspects are you looking at? >> i am looking at a guy that bidding plumbing and manufacturing parts and he exports them and invests in a factory operation in crimea, and he's doing this for a while and i am going to talk to him about affecting his business so we are connected. >> thank you, ali and thank you. we have a response to the ukrainian crisis on social media. >> ukrainians are going online and expressing their feelings on what is happening in their crime. a woman is saying she wants peace, not war and take a loo
forward an energy plan that shows how we can move out of this. i fault them as well. no government has been willing to stand up to these powerful interests. and that's why people are confus confused. many people, most people in america know climate is changing, most of those who say that know that it's human caused. i think that most of the debate is about the science is a pseudodebate. what we don't have is a real debate about how to change the energy system right now. >> but let me ask you on that, note, bill. because the president, i mean, first of all, it's not just america. we need an international quorum for action. >> that's correct. >> 7 of the 200-plus countries account for -- china is the biggest emitter of greenhouse gases. india is right up there. they have not been particularly forward leaning on this issue in terms of gathering international action on it. so what -- internationally what should be done to increase, i think, the sort of buy-in, if you will from other countries and then i want to ask you as a follow-up after you answer that, how do you grade the president's
and energy that that private company has brought to the afghan media scene -- more about that in a minute. they are not the only ones. there are something like 75 television stations and 175 radio stations. either normal sleeve vigorous, varied conversation going on on the airways and in afghanistan. largest but be the it is one of many. that is a notable piece of media landscape. the third thing is as an embassy thecial i went around country and often visited tiny in villages and small towns around afghanistan. there are a lot of them. going to a one-room fm station and a small town but does not have to much going for it and you find young people at the microphone finding some way to get a little bit and music on with a basic tape recorder. in many cases the stations were help ofby locals with ngos, which is resented by some of interviews. while they run some local -- ent, maybe have another green shoot and a strong one, an important one. a varied source of strength for afghanistan going forward. we are here in this panel to discuss what i think is one of the most important advances over
of their energy supplies and actually we have seen a significant recession in european leadership over the last ten to 20 years. but we need to act and we need to speak up in favor of the people who are now being overtaken in crimea by vladimir putin's army, his military. and i worry and -- in conclusion i say it's time we woke up about vladimir putin. it's time that this administration got real. and it's also time for us to worry about what vladimir putin will do on eastern ukraine on the pretext that somehow disorder and demonstrations might require russian presence. and my friends, if we allow mr. putin to assert his authority over these areas because of russian-speaking people, that message is not lost on poland, where there's russian population, on romania, on latvia, estonia, lithuania and moldova, and we are on the verge possibly of seeing a move to reassert the old russian empire, which is mr. putin's lifelong ambition. madam president, i've overstayed my time. i thank my colleague from alabama and i yield the floor. the presiding officer: madam president? the presiding officer: the sen
, including in energy. and we think it makes a lot of sense to have this pipeline proceed, but not only proceed with can needian oil but balkan oil from canada. the oil is coming down to the united states now, as the state department has properly documented, it's coming down on rail and you and i both know highway 2 in north dakota, 500 tanker trucks a day with oil and we think it makes more sense to be an to pipeline. >> so, tar sands oil, to be very clear is already being refined in the gulf? >> yes, it is. >> okay. and this would just bring more of it to market? >> well, not -- well, yes it would bring more, but it would bring it with a pipeline and the state department, you have people, as you say, on either side of this issue. >> sure h. >> but if we look at the independent dent meritorious review of the state department and the 2,000 pages, they say it's safer, it's less cost and it has less greenhouse gases to have it on a pipeline rather than rail and trucks. and as i say, you and i both know highway 2 in north dakota. >> sure. >> 7500 -- 500 trucks a day you have a democratic s
increase in energy prices which there already seems to. it's not as though their customers in europe can stop buying energy because they're unhappy with what is happening in ukraine. i'm not sure that it hurts russia all that much. >> earlier it was looking like anti-government protesters had the upper hand. we had yanukovych on the run. we had tymoshenko released from prison. but does this show us now that progress was not necessarily a win? >> absolutely. and i think that's the real missing story here that has not been adequately covered. what is the legally elected president of ukraine, mr. yanukovych, who is now taking refuge in russia and still claims to be the legal president, some how you could have a street demonstrators including some very violent armed people drive the president out of the capitol and say, okay, we win now, you lose. you have to accept this. the russians are saying, um, no, we don't. we have cards to play here, too. we don't recognize this government or so-called government in kiev which frankly doesn't even control kiev. the people on the streets say if they a
, and then by 5:00 a.m. a little more energy rotating in here. 1:00 tomorrow afternoon, santa rosa, cloverdale, east bay, chance of isolated showers, and then we'll see things kind of back off a little bit by tomorrow evening. this is bringing us the rain chances today. will do so tomorrow, and then you can see this low will also continue to bring southern california the rain chances for tomorrow and then this little weak cold front, most of the energy will go to the north of us. that will give us a chance of isolated showers tomorrow. red carpet forecast. chance of showers. temperatures 61. overnight lows around the bay area in the 40s to low 50s. here's a look at the highs tomorrow with a chance of a few isolated showers. in the mid-to-low 60s. the seven-day forecast, chance of sures on monday. a break tuesday, more rain wednesday night and thursday. back to you. >> rick kiwanis for shu tonight talking hoops. >> march 1st, march madness is around the corner. arizona state and the defending park pac-12 champ ♪ turn around ♪ every now and then i get a little bit hungry ♪ ♪ and there's
link between energy and security. energy and prosperity. and when we don't develop our resources and when we are not able to feed others with our resources and so many others are reliant upon russia who does develop their resources and with that wealth are able to strengthen their military and their influence and power on the globe, then other nations are in trouble. >> well, it is interesting, i thought that k.t. mcfarland had good ideas. also that obama should send a delegation to the czech republic, central europe and help them develop fracking techniques. because then, a big part of the equation is russia is rendered impotent. now vladimir putin has control of that, right? >> right, and see in that building of pipelines is an example of developing natural resources and what they can provide to a region. and here, today, was -- in washingt washington, d.c., we had all of these protesters against the keystone pipeline. look, america needs pipelines just like other parts of the globe we talked about need their pipelines. we need ours. and the protesters grouping about, oh, i don
and offered general goals on taxes, trade, energy, and regulatory curves. pointing outl keep the upbeat economic outlook. >> let me jump in. we know congressional hearings on the budget again next week, including one wednesday with the finance committee chairman wyden. >> talking about breathing room for more -- he is new to the tax-writing panel. he has his own ideas about tax policy. again, it is a forum for airing ideas about the broader economy. you want be seeing the summit -- their democrats be doing own budget plan. the field the december agreement .ut the spending caps in place the republicans will do their own plan, which will contrast with the administration's blueprint. house republicans met and talked about alternatives to the health care law. next week, there is a bill scheduled. what about the bill and what is the current republican strategy? >> they obviously still object to obamacare. i think they have moved away from trying to repeal it. now they are going after individual pieces. the measure coming up next week has the same effect the bill the house passed has. it draw
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the energy situation. thank god, the weather is going to get warmer soon. he has those levers. he has an overwhelming military capability. there are many, many things, but particularly energy. but, you know, this has been bad for the russian economy. the value of their currency has fallen, the stock market is down. there is a negative reaction to this, too, that may effect putin's economy. and could i mention one other aspect of this is putin also sees -- here's this beautiful and large and magnificent country called ukraine. suppose ukraine, finally, after failing in 2004, gets it right, democracy, gets rid of corruption, economy is improving, and it's right there on the border of russia. so i think it makes him very nervous, if there were a success in ukraine in bringing about a free and open society and economic success, which is not the case in russia, as you know, which is propped up by energy. >> charlie: should we revisit the question of georgia and nato? >> yes. i really believe that we should sponsor the inclusion of georgia into nato. every few weeks the russians move the fe
for natural gas and energy from russia to europe. when you look at the region you can see that half of russian exports are to the european union. this is all-important. those are the major pipelines we're looking tlat. in terms of stocks you're not seeing the big dramatic impact at the opening bell that we thought. at worse you had dow futures down 160 points now down about 100. here's the conventional wisdom. russian stock market got slammed. the russian currency slammed. russian businessmen outraged, very concerned about what's going to happen to their economy. now you hear people saying that maybe, just maybe those russian markets are going to be a very powerful diplomat and temper some of the saber rattling we've been seeing, that big reaction in russian markets means perhaps the worst is behind us because why in the world would anybody try to do anything to make markets continue to be unstable there. that's the thinking right now. dow is down about 100 points. >> only two minutes in and more than 100 points. let's bring in our global economic analyst. what's your take. why this quick coll
a relatively modest economy with the exception of its energy capabilities and leverage. it's got a military that has a lot of nuclear weapons it's a conscript military. he is, today, punching way above his weight class, and the united states is punching way below ours. >> mr. secretary, thank you for talking to us, you bet. >> as the ukraine crisis gets worse even the mainstream media -- washington editorial saying president obama's foreign policy based on fantasy. former u.n. ambassador john bolton joins us. good evening, sir. >> good evening, glad to be with you from london. >> yes. i don't mean to be heart beat on editorial. seems to be a departure when the "the washington post" comes out and uses the term fantasy at such an ominous time it's an accurate description of what's going on. the president's main problem is that he just doesn't care about america national security issues. he doesn't focus on it. he said back in the 2008 campaign that his priority was transforming american society. that's what he is up to. so, in 2008, nato made a terrible mistake when the europeans rejected our
,000,000,000 in energy subsidies to the ukraine because those subsidies are likely to be taken away because of an imf package. there is a real fear of what an imf loan package means, a structural adjustment package, huge cuts to the poorest in society to the sort we saw in greece and elsewhere, future unrest and the u.s. is quite a wear that when countries go down the road of imf loans, you can get even more unrest. another interesting thing about that energy subsidy is a lot of that money is going to end up in moscow because it's moscow who sells much of ukraine its fuel. in washington, they are quite a wear they are giving potentially a billion dollars to moscow. >> just how far is the u.s. supposed to go in supporting ukraine? at what point is it going to run up against opposition in congress? >> there is a lot of -- a lot of support for financial aid and financial loans to ukraine. however, the senate majority leader, harry reid said let's keep an idea on what europe wants. this is mainly a european issue. if europe isn't all for sanctions -- and they are not because they are scared of losing al
has baggage from the past. she was involved in the energy industry with her husband and some people say she was corrupt. so the problem with ukraine has always been corruption. it is a very corrupt country. has history of corruption dates back to the soviet union but continues since the demise of the soviet union. for that reason it maybe easierr russian puppets of, other puppets of the old soviet union to say, we need to go in there and we need russian troops to make sure that this country doesn't dissolve into chaos. gerri: that is obviously a possibility. let's bring in back ashley webster who is following the story closely. ashley, do you see conflict? do you see dissolution? what do you see in your crystal ball? >> this is a different cut one and as david said what are we calling this? is this an invasion? certainly appears that way but who are the troops in unidentified uniforms? as i said earlier there are those who speculate, everyone does that when she these events move at such a fast pace, private security firm that the kremlin uses from time to time and uses them to take
is so dependent on russia for its daily energy consumption that there's only so far they will ever be willing to push against russia no matter what russia does? so far they've been willing to say they will cancel a summit that was due to be held in russia and they're all saying more or less derogatory things about vladimir putin and his recent actions but not much more. can europe do more? are their hands tied by their dependence on russia in economic terms? can europe go further without hurting themselves? joining us now is p.j. crowley. he's a former assistant secretary of state for public affairs, currently a fellow at the george washington university institute for public diplomacy and global communication. mr. crowley, thank you very much for being here. >> always a pleasure, rachel. >> is there a limit on how hard the eu and the u.s. will push russia on this or any other issue? >> i think there's a style difference. europe prefers coordination, consultation, you know, convincing argument as opposed to confrontation. and obviously at 28 it's difficult to get consensus within th
and atmospheric administration, the department of energy, the environmental protection agency, the nuclear regulatory commission and the national institute of standards and technology. all said the same thing -- it's not their responsibility. >> one of our frustrations is our government hasn't taken this on as something we should sponsor in terms of our national interests. there is often a lot of finishing pointing going on and we hope in the long run we can make progress to find a home, as we call it. >> reporter: in the mean time, he is relying on foundation support and doing some crowd sourcing. >> all it takes is filling up one of these containers. >> reporter: he launched a web site and created these kits to make it easy for anyone to do some fieldwork. interested individuals and communities pay $550 for the fox, gather samples and ship them to woods hall for analysis. the data is shared online. so far donors have funded 33 sample sites. but how is the radiation affecting the creatures that live in the sea and ultimately the human beings who enjoy eating seafood? >> this one. at's ces
when the cbs evening news continues. but not energy or even my mood. that's when i talked with my doctor. he gave me some blood tests... showed it was low t. that's it. it was a number. [ male announcer ] today, men with low t have androgel 1.62% testosterone gel. the #1 prescribed topical testosterone replacement therapy increases testosterone when used daily. women and children should avoid contact with application sites. discontinue androgel and call your doctor if you see unexpected signs of early puberty in a child, or signs in a woman, which may include changes in body hair or a large increase in acne, possibly due to accidental exposure. men with breast cancer or who have or might have prostate cancer, and women who are or may become pregnant or are breast-feeding, should not use androgel. serious side effects include worsening of an enlarged prostate, possible increased risk of prostate cancer, lower sperm count, swelling of ankles, feet, or body, enlarged or painful breasts, problems breathing during sleep, and blood clots in the legs. tell your doctor t abouyour medical
that all he is interested in is domestic energy for peaceful purposes. the problem is that's not what's happening. what's happening is that the united states, through the state department and this administration, i think de facto has already but if not are on the verge of agreeing to allow iran to keep in place its enrichment and reprocessing capabilities, and i'm going to explain to you why that's a problem. if that capability is still there, if they retain all the facilities necessary for enrichment and reprocessing, even if they agree to limit to to a certain level for now at any point in time in the future they can ratchet it back up and they can go on to develop a weapon. in fact, the design for a weapon is the easiest part unfortunately of all of this. the hardest part is reaching the technological capability to enrich uranium to a certain point so you can weaponize it. if you allow them to keep all the equipment, all the technology, all the scientists, all that infrastructure in place, then at any point in the future when they decide now it's time for a weapon, they can break o
have peaceful nuclear energy programs. they're doing this without spinning centrifuges, without enriching uranium, without operating heavy water facilities, and without conducting military nuclear research. you know why iran insists on doing all of these things that the other peaceful countries don't do? it's because iran doesn't want a peaceful nuclear program. iran wants a military nuclear program. i said it here once. i will say it here again. if it looks like a duck, if it walks like a duck, if it quacks like a duck, then what is it? well, it ain't a chicken. and it certainly not a dove. it is still a nuclear duck. [applause] unfortunatelily the leading powers of the world are talking about leading iran with the capability to enrich uranium. i hope they don't do that because that would be a grave error. it would leave iran as a threshold nuclear power. it would enable iran to rapidly develop nuclear weapons, at a time when the world's attention is focused elsewhere. and we see, as we speak, that that could happen. in one part of the world today, tomorrow in another part, may
of the interagency task forces that they were on. and so the secretary of energy asked me to do that project in the department of energy, and the department of energy was on, like, 133 task forces that either the secretary, the deputy secretary or an undersecretary had to participate in and had meetings at least once a month or once a week or whatever. so i sent around a questionnaire to all the assistant secretaries and said how many of these task forces do you think we could eliminate? and what do you think the answer was? [laughter] none. even though some of them never went to 'em, some of them never met. when they, when push came to shove, and this was in the reagan administration, they didn't want to give it up because at some point in tomb in some future -- in time in some future there might be an interagency task force that helped department of energy. i think if we checked with the federal agencies, they would all tell us they not only couldn't give back any spectrum, they probably needed more. but if we had a market an lust come in and do an outside independent audit, w
on exports and direct investment in the russian energy infrastructure and business -- >> you think that's sufficient to back off -- i want to get our other experts in. but so far they're not connected or at least not connected with me. i apologize to the viewers on that. we'll get them on. let me stay with this, benn steil. german's foreign minister has been making unpersuasive sounds in all the reports today. he doesn't seem to want to go along with the drill about preparation for g-8 or not going to the g-8 meeting in sochi. i haven't heard a thing. you ascribe that to natural gas? that's it? >> it's not just natural gas. it's the business that german industrial outfits like siemens are doing within russia. and the russians know very well when they invaded the breakaway georgian republics like south ossetia in 2008, the west did absolutely nothing. so this is playing according to script. >> do we have general mccaffrey? >> i think so. >> i beg your pardon, for whatever snafu we had. let me ask you the question about this 5:00 a.m. deadline and whether russia is going to tell ukraine t
of russia's foreign trade is with europe. it depends on energy sales to europe for a large percentage of its state budget. it really depends on the the eu and u.s. are acting together here or if the u.s. is acting alone. >> thank you very much indeed, reporting also that as far as europe is concerned, russia supplies a quarter of all its energy needs, the oil and gas supplies, a lot of it through ukrainian pipelines as well. we will be covering all the developments here of course in this huge country of ukraine, all around ukraine. also those meetings in paris and those nato meetings with russian members as well in brussels a little later on today as well. all those developments, you can follow them on the bbc website, bbc.com/news, also twitter @bbctimwillcoxs. >>> pope francis has strongly defended the record of the catholic church. in a rare interview with an italian newspaper, the pope said no one had done more to root out pedophil pedophilia. last month it was claimed that they allowed systematic coverups. the bbc's alan johnston is in rome and joins us now. particularly given the u.n.'
on russian energy. the u.s. called a halt, but there's a question over existing ties. the u.s. imports $27 billion worth of russian goods and exports $11 billion. the u.s. barack obama is considering sanctions against russian officials, including asset feeses and visa bans. rory challands joins us live from moscow. we are outlining the options. hearing - we have lost the connection to rory. apologies for that. we'll move on for now. not everyone in crimea is happy with russia's increased involvement. we have a report on the fears of the tatar population and their problems with the ethnic russian population. >> this has been the loudest criticism of russia's military take over of the crimea since it began last friday. most of the women are crimean tatars, a well organised educated minority horrified by the intervention. >> i'm afraid. i see that people are afraid. i see the fear in their eyes. we can feel that -- we cann feel that we are safe. >> the edge of town may be a greater place to agitate. >> this is a clear sign that not everyone in crimea thinks that this has been a liberation. in
manufacturing, energy, exports, american innovation. that's job number one. job number two, training more americans with the skills they need to fill those good jobs. so that our workforce is prepared for the jobs of tomorrow. part three, guaranteeing every
into the future. jobs in high tech manufacturing, energy, exports, american innovation. that's job number one. job number two, training more americans with the skills they need to fill those good jobs. so that our workforce is prepared for the jobs of tomorrow. part three, guaranteeing every young person access to a world class education from pre-k all the way to college education like the one you're getting here that's why over the past five years working with the outstanding congressional delegation from connecticut, we've been able to make sure that grant dollars are going further than before. we're taking on a student loan system that gave tax dollars to the big banks, and we said let's get it to students directly to be able to afford to go to college. that's why we're offering millions of young people the chance to cap their monthly student loan payments at 10% of their income. you need to check that out. go to the website of the department of education and find out how you may be eligible for that. today more young people are earning college degrees than ever before. of course, and i know yo
ukraine has a very high energy subsidies. it pays a fifth of the import price. energy has to rise as well. that's really, really important. it is important for getting rid of corruption. other bits are likely to be stabilization. that's the good news. the final bit is banking sector reform. the exchange rate when it weakens will credit a big hole and that one needs to be filled. >>> take a look at this, would you? is this the future of aviation? investors behind this giant airship believe it could revolutionize oil exploration to disaster relief operations. it will be able to lift 50 tons of cargo. it has been sold back to the british firm. it has won the financial backing of one of britain's most success rock stars as richard wescott has been finding out. >> reporter: inside britain's big of aircraft hangar, something is growing. beating into life the world's longest flying machine. looks like an airship, but it isn't because it doesn't float. what you can see from here is that unique shape. it's actually designed more like a wing than a traditional airship so it can generate lift. air s
, arguing the gop tax plan will, quote, put the brakes on america's drive to energy independence. joining me now, former republican congressman, jc watts, who serves as a consultant for the domestic energy producers alliance. and with a welcome to you. >> thank you, alex. >> i'm going to call you jc during this interview. >> it works. >> okay, good. before we get to the impact on the energy sector, what is your take on this broader tax plan? >> well, it makes a lost assumptions. and first of all, i think chairman camp needs to be commended for, you know, putting something out there. but it's a discussion draft. and there's much discussion that needs to be had had, and especially when it it comes to i think the energy sector and those people who are creating jobs when you look at percentage depletion, that area that i would be very concerned about. and you've got about 18,000 small business owners that use percentage depletion as a form of capital formation. that's the biggest barrier to small business entering the segment, is capital formation, and that would be a real blow to it. and then y
the in stability could affect the global economy. one of the main concerns is energy, ukraine's strategically linked russia to the rest of europe. and russia supplies 25% of europe's gas needs. half of that gas is pumped via pipelines. moscow, we know it has cut can off the flow in past disputes with kiev. it could push up businesses and households. the price of oil is $2 a barrel. a barrel of crude oil costing $111. meanwhile, russia's stock market has dropped around 10% today. and russia's currency is at its lowest point ever against the dollar and the euro. markets around europe have seen sharp falls. take a look. there we go. what the markets are doing. ftse 100, london's main market, down 2%. the dax taking a serious hit there. down 3%. let's get more. andrew joins us from our business newsroom. great to have you with us. we know why the markets are down. i want to talk about specifics. let's talk about gas. that strategic link ukraine has i guess. here's a question. can europe afford those taps to be turn ted off? >> no. i suppose on the other hand you have to say russia can't afford th
europe want to be as dependent upon russian energy? that gas pipeline going through ukraine, providing a huge amount of the heating fuel for western europe. is the united states going to think differently about exporting oil, about exporting more gas in the future to supply our allies abroad. >> john buss, live with us. thank you very much. >> eninvestors reacting reactina big way. causes chaos. early trading dow was down a couple hundred points. analysts believe the cries is putting investor risk-taking on hold. the ruble is all time low against the dollar. gold and u.s. government bonds are doing very well. safe spots. so people are putting these in other places, a flight to safety sends you there in russia, president putin's military amibitions are having economic consequences. the main index there plummeted at the end of trading today, 13%. impossible to predict how the crisis we play out. >> in other news, developments in the case of justin pelletier, that teenage girl on whom we have been reporting, doctors took her from her family. court victories for the parents and now we're h
, angela merkel of germany said she wasn't keen on the idea. a lot of energy flows from russia and through russia into western europe, to ukraine and other places as well. it will be a test of the president to see, you know, whether he can rally the international community, as he's fond of calling it, to actions that will matter to vladimir putin. >> to all the talk of feckless international policy and the inability to do anything about this and they're not looking at military options, there are still levers this administration can pull, as you mentioned, the g-8, other economic levers, freezing bank account, that could have a significant impact. >> yeah, john kerry was even talking about some of them. these things matter. look, we saw the country, even as isolated a country as iran was crippled by sanctions. i'm not saying that we're capable of doing the same thing with russia, but it is an example of what these kinds of financial sanctions can do. they can make people within the country feel it, and the country as a whole feel it. russia's economy is not great. and it needs trade with na
of resources, particularly of energy and very particularly of natural gas. here in the united states we use a lot of natural gas but it's domestically produced. europe saw about a 10% spike in natural gas prices. about 40% of the natural gas schooled in europe comes from russia and goes through appliance that go through the ukraine. europe has been trying to diversify the source of gas supply for quite some time but hasn't been able to do it. russia controls the amount of natural gas that goes into europe. germany has a lot of factories. natural gas is not just for heating, it generates electricity which these factories use. if there was a sustained increase in the price of gas or if russia were to shut down the natural gas flow you would see the real problem in europe which is why europe may not be as keen to impose sanctions on russia as america is. >> worries of retaliation there. ali velshi host of "real money," thanks for being with us. >> okay joie. >> anxiety hit ordinary ukrainians and hard. the local currency is losing value, no bread, no eggs, only expensive imported italian spagh
the energy pace for the -- energy base for the navy. how is that a going? and, again, how do you manage that? >> well, first, it's going very well. i said in answer to the first question that it's fuel and energy is a military vulnerability particularly the way we're doing it today. i'm very glad that america's producing more oil and gas. but even if we produce all that we can use, there are two pretty overriding factors. number one, oil and gas are global commodities. and the price is set globally. so you get some instability somewhere, you get somebody threatening to close a strait somewhere, you get anything, when the syrian crisis started, the price of oil went up $10 a barrel. syria's not a major producer, but it's a security premium that traders place on oil regardless of where it's coming from. every time the price of oil goes up a dollar a barrel, it costs the navy and marine corps $30 million in additional fuel costs. in '11 and '12, i was presented with, the navy was presented with an additional unbudgeted $2 billion in fuel costs. well, there are not many places to go get that sor
. beyond that i think our allies are reluctant because they are dependent on trade from russia and energy from russia. one of the long-term things not part of those eight ideas but one to examine, what energy production from the u.s. means freeing up sources in europe to remain in those countries so they are not as dependent on russia in the future as they have been in the past. i think that's an important part of it. the one thing that gives russia leverage on their neighbors is the amount of natural gas in the world they produce themselves and their neighbors. that's where the reluctance is coming from. >> some rely on them by 30% as far as oil and gas reserves. i want to tall attention. obama is neither tyrant nor pushover. in general the criticism of him being inconsistent and indecisive is closer to the mark. the accusation he's been feckless in ukraine still dubious because those demanding a stronger response have been unable to come up with one. is that correct in your mind or do you think people have come up with other options. >> there have been options. i'm pleased with the fact
to the world economy. that's the help of many countries. russia's economy is dependent on energy crisis. russia supplies much of europe's gas through pipelines that crisscross ukraine. during disputes, russia cutoff the pipelines causing them to soar. russia's stocks took the steepest dive in five years. let's take a look at how the stocks are doing. the dow is down a little over 160 points. let's bring in the host of quest means business in london. richard, how are the stocks reacting in london where you are. >> in all the markets you are seeing, heavy sell offs. in germany. the index closed down 1/2 1/2%. germaniy has huge business relations the. a lot of economic interests with russia. if there looks to be any form of sanctions and economic effect between the west and russia, germany is one of the first economies that will certainly feel the pinch on this side of that. london was down 1 1/2%. paris similarly. ukraine as such economically. both because of those pipelines and because any form of economic standoff between russia, the united states, the european union is absolutely so serious, t
this power plant can produce enough energy for about 600,000 homes. generating electricity that's cleaner and reliable, with fewer emissions-- it matters. ♪ >>> it looks like russian forces are consolidating on crimean. up to 12 trucks of russian troops have crossed into the eastern city of kerch from russia and the movement is being described by ferry. how far will russia go? the retired u.s. army general is joining me. thanks for coming in. if you take a look at russian forces versus ukrainian forces, 845,000 russian troops, 129,000 russian troops, tanks, two to one, combat aircraft, nearly 1400. russian combat aircraft, 221. there's no match. >> no. >> between those two militaries. so if it came down to a war between ukraine and russia, it's over. >> but ukraine has -- is part of a much larger organization in the european community and i don't think it would just be russia against ukraine. >> let's talk about that. let's hope the russias don't decide to move beyond crime and move eastward toward kiev arguing that the president yanukovych, he's still the president, he needs help to --
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in europe, where, of course, they all dependent on russia for their energy, for less expensive natural gas. so some, including germany, are a little more reluctant to be tough with vladimir putin and to agree to tougher sanctions against russia. he's also trying to encourage ukraine, and he brought with him ukraine's acting foreign minister who i'm told recently was one of the protesters in the square. he himself, now he's the acting foreign minister and leading this young transitional group, trying to stand against russia. so what kerry is trying to do by bringing him here to paris is elevate him to give him legitimacy and help him stand up to russia and also help persuade his colleagues that they should avoid any military confrontation that would give putin a pretex to move further into ukraine. and frankly, that is what u.s. officials think is really putin's end game. they believe he does want to take over ukraine. that this is part of his grand vision to re-create what was lost with the end of the soviet union, to re-create a russian federation that is really an empire. they don't know
's not alone. >> hopefully put some good energy into the world and get something back. >> this club has been around for years and several dozen former members are now working. aljazeera, new york. >> to learn more about job clubs and how they can help you, go to our website aljazeera.com/realmoney. >> in an hour, we'll get the latest reading on economic growth. governments to slash estimates for 2013. consumers cutting back on their spending. the slowdown in the global economy taking its toll on exports. >> the strength in u.s. manufacturing's going to have to come domesticically. we're not going to see exports grow as strongly as the fourth quarter of 2013, putting strain on manufacturing, along with the turn in the u.s. inventory cycle. >> we'll have the gross domestic product report four in our next hour here on aljazeera america. >> wall street is pointing to a lower open ahead of data, dow futures down 22 points. fed chair janet yellen soothing economy concerns yesterday gave stocks a lift, the dow beginning at 16,272, the s&p beginning with a new record high, 1854 and the nasdaq at 431
. the algerian establishment feels any upheaval in the country could throw its major energy supply from europe into turmoil. for now tha algerian president enjoys the establishment. >> still ahead, we get a sneak peak of preparations for the biggest party on earth. fifa has religion covered as now both women and men are allowed to wear headgear. details coming up in sport. >> it is the biggest and most prestigious night on the calendar of the united states. the oscars take place in hollywood on sunday. while fans and celebrities mol over the nominees, a group feels snubbed. >> jack gill has been grown up, beat up, boiled over and flipped out. but one thing he has never gotten was a nomination for an academy award. >> we feel like we're being left out. we feel like there is a big hole in the academy and we should be included in it. it should an no-brainer decision if it happens overnight. >> for decades gill and other stunt actors have been lobbying the academy of motion pictures to create a category of stunt actors. for an earth for make up, sound mixing, many are surprised there is not one fo
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